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Oct 1, 2012
10/12
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CNBC
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a strong economy means an economy where people will want to invest, where returns are are high, where money will flow in and those will be things that support the dollar in the medium to long term. so i don't see any insontscy wi inconsistency in our policy and maintaining a strong dollar. >> i want to make sure we got a question in about unemployment because it is a question i think a lot of people are thinking about. have you been surprised that the policies that have been implemented in the last few years haven't had a greater impact on the unemployment rate and what in your mind are the main explanations for why unemployment is still at the level that it is at? >> well, at some level the issue is not unemployment itself. it is the fact that the economy hasn't grown that fast. the unemployment rate has come down about as much or even a little more than you might expect it would given the speed of growth of the economy overall. if the economy's growing at trend or less, you're just not going to see much progress in unemployment. real question is not is there something wrong with the
a strong economy means an economy where people will want to invest, where returns are are high, where money will flow in and those will be things that support the dollar in the medium to long term. so i don't see any insontscy wi inconsistency in our policy and maintaining a strong dollar. >> i want to make sure we got a question in about unemployment because it is a question i think a lot of people are thinking about. have you been surprised that the policies that have been implemented...
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Sep 25, 2012
09/12
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FBC
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economy, help the u.s. economy. still, you have these prices that are saying, as you are sank an elevated levels. talking about 72, $73 per barrel. that seems where we are at in the world right now a little bit low, especially seeing what we are between iran and israel. >> that is the inflation of the chief -- geopolitical and 70. it all comes back to perception. if you are looking at the absolute real demand it is down in the u.s., down in europe, and is not going up as high as people thought it would in china. that should lead to about a 20- 25 percent correction over an inflated price, but is not. and the longer we think that we can hold on to this kind of a price level, which we won't of the economy actually really does improve, if demand improved in the u.s. command in regina we would be over triple digits in a matter of weeks. let's help the economy improves, but here is the real issue. the u.s. is the largest consumer and the world, has to do more to take care of its own domestic needs through domestic produc
economy, help the u.s. economy. still, you have these prices that are saying, as you are sank an elevated levels. talking about 72, $73 per barrel. that seems where we are at in the world right now a little bit low, especially seeing what we are between iran and israel. >> that is the inflation of the chief -- geopolitical and 70. it all comes back to perception. if you are looking at the absolute real demand it is down in the u.s., down in europe, and is not going up as high as people...
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right so this counter economy or or black market economy is now over ten trillion dollars of the size second only to the u.s. government but growing unlike the u.s. economy is actually stagnating the only economy that's actually growing in the world today is this counter economy in a black market and big point is definitely feeding into that and allowing that to grow so it's really a growth story unlike other economies around the world that are in decline and now another thing you mentioned that your talk about going twenty two well frank brought was the over the counter ot c. market for bit telling for those who don't know explain what this o.t.c. market is with bitcoin in o.t.c. exchange with bitcoin is to people meeting face to face exchanging bitcoin for cash or gold with super coins right and i appen to have an example of that i have this big coin which is actually a hologram that's attached to a piece of metal to give it portability but it's a whole gamut inside the whole ram is the actual encrypted code that would allow me to go online and on lot the bitcoin which has a current
right so this counter economy or or black market economy is now over ten trillion dollars of the size second only to the u.s. government but growing unlike the u.s. economy is actually stagnating the only economy that's actually growing in the world today is this counter economy in a black market and big point is definitely feeding into that and allowing that to grow so it's really a growth story unlike other economies around the world that are in decline and now another thing you mentioned...
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Sep 30, 2012
09/12
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CNN
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economy that can't get its footing. consumers are feeling more upbeat and an improvement in housing probably has a lot to do with that. we just talked about the threat of the fiscal cliff, the u.s. centered storm, but we cannot ignore the head winds coming from europe. joining me now to debate this topic is host of "quest heemean business" on cnn international. richard, the question is will europe derail a u.s. recovery? give me 60 seconds on the clock starting right now. richard, the answer is categorically, absolutely yes. the storm hanging over europe just won't go away, and each day that it stays there is another day that europeans who have been among the biggest and best consumers of u.s.-produced goods and services are buying fewer and fewer of them despite two years of bad governance and poor decision making in europe, americans are sortly weirdly feeling better about their own economy. richard, evidenced by this week's consumer spending and housing numbers, but cheap money and low home prices are driving the ame
economy that can't get its footing. consumers are feeling more upbeat and an improvement in housing probably has a lot to do with that. we just talked about the threat of the fiscal cliff, the u.s. centered storm, but we cannot ignore the head winds coming from europe. joining me now to debate this topic is host of "quest heemean business" on cnn international. richard, the question is will europe derail a u.s. recovery? give me 60 seconds on the clock starting right now. richard, the...
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Sep 29, 2012
09/12
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CNNW
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the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now people are looking forward. you look at the polls over and over again and majority of people say feels bad now, but i think it's going to get better next year and optimism is something that counts in the economy and you're starting to get a little optimism and one reason i thank you guys is because this was an emergency for four years and now bad things about the economy have become chronic, not emergency any more. people in a weird way are getting used to the fact they have to lower their expectations. i keep saying that it's been four years, exa
the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now...
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Oct 1, 2012
10/12
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FOXNEWS
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>> all around colorado. >> economy, economy, economy. >> bret: that's your baby, i know. your dad says the economy is important. what were you saying? >> i would say i would have rather them pick somebody besides romney. however, when it comes down to election day, i'm looking for somebody other than obama. >> you are? that is what is driving you? >> yes. yeah. other than obama, i'm railly, i'm not appreciating the performance. [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a
>> all around colorado. >> economy, economy, economy. >> bret: that's your baby, i know. your dad says the economy is important. what were you saying? >> i would say i would have rather them pick somebody besides romney. however, when it comes down to election day, i'm looking for somebody other than obama. >> you are? that is what is driving you? >> yes. yeah. other than obama, i'm railly, i'm not appreciating the performance. [old english accent] safe...
SFGTV2: San Francisco Government Television
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Oct 1, 2012
10/12
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SFGTV2
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there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to follow. that is our perspective about what is at stake on a planet of finite resources with a growing population and growing per capita consumption. it should be obvious that we should be talking about sharing. this is a gigantic hole in our public dialogue. this panel and the working group and hopefully the book can fix that. see how this works. we face disaster unless we simultaneously reduce resource consumption and raise two million people out of poverty. this is the challenge we have in the 21st century. the growth the economy we are moving out of hopefully c
there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to...
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Oct 3, 2012
10/12
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FOXNEWS
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handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the person with the ability and the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant m
handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the...
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Sep 27, 2012
09/12
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CNNW
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the economy, because the economy's improving with the housing prices yesterday, consumer sentiment up yesterday and also, it fails to recognize that many of republican base, many of them, are social conservatives who care about the economy, but we also care about the moral and spiritual deterioration of our country and i believe that romney needs to speak out and show the distinction between the democrat form, which is embrace gay marriage, doubled down on abortion, which waffled about on whether to include god in the platform. there's never been a time there's a more stark contrast between a democrat and republican. i'm afraid if romney continues this course and doesn't stand and run on the republican flat form, i think a lot of evangelical voters may sit this one out. >> republican platform is against abortion. that's what most americans, the vast majority of americans agree with. are you saying that he should go against with the republican platform, against abortion in all cases? >> i think he needs to make clear he believes in life. my personal view is murder is murder and except
the economy, because the economy's improving with the housing prices yesterday, consumer sentiment up yesterday and also, it fails to recognize that many of republican base, many of them, are social conservatives who care about the economy, but we also care about the moral and spiritual deterioration of our country and i believe that romney needs to speak out and show the distinction between the democrat form, which is embrace gay marriage, doubled down on abortion, which waffled about on...
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Sep 27, 2012
09/12
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KRCB
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and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the secutiesnd exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight capital
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
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Oct 3, 2012
10/12
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WMPT
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what is the shape of the economy? is this an economy you really want to take investment risk in? >> we actually think this is the time to start absorbing more risk. you see that even in some of the style indices, contrarian strategies are just now starting to do better because of the liquidity that we're awash in and also the fact that i think we are getting job growth, albeit slowly. things are improving. >> tom: that's the economy. the earnings play here is pet >> tom: that's the economy. the earnings play here is pet smarlx a nice rally and gained momentum back in late may when it raised its financial outlook and this friday will be added to the s&p 500 him so what's the earnings outlook for pet smart? >> so we think it continues to be strong. remember, this company has had 7% comps, and languishing economic growth. part of the reasons their competition is so weak. either their debt laid ep or have other organizational issues. so our expectation is that the economy does improve that they'll get even stronger. one of the systemic things they're doing is increasing the amount of
what is the shape of the economy? is this an economy you really want to take investment risk in? >> we actually think this is the time to start absorbing more risk. you see that even in some of the style indices, contrarian strategies are just now starting to do better because of the liquidity that we're awash in and also the fact that i think we are getting job growth, albeit slowly. things are improving. >> tom: that's the economy. the earnings play here is pet >> tom:...
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Sep 30, 2012
09/12
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CSPAN
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do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. in the live free or die state,we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. there are no two ways about it. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that. remember the stimulus? remember the idea that if we borrow $831 billion and spend it on pet projects and interest groups, they said unemployment would never reach 8%. we would be growing at 4% a year right now. unemployment has been above 8% for 43 months. our economy last quarter stalled at 1.3%. what is worse for all of these promises about cutting the deficit, growing the economy, bringing people together in a bipartisan fashion -- i will not even get into the oceans and tides. [laughter] i have heard that one. all of these promises w
do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. in the live free or die state,we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. there are no two ways about it. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with...
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Sep 27, 2012
09/12
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WETA
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sure, but i think this election is about the economy first, the economy second, the economy third, and anything else to be honest. tavis: good to have you on the show. thanks for your work. >> it is always a pleasure. tavis: up next, iyanla vanzant. stay with us. pleased to welcome iyanla vanzant. she just kicked off a series called "iyanla, fix my life." here are some scenes. >> this whole thing is alive. -- a lie. you are all hot mess, and this is exactly where you were when your father put his first needle in his arm. why would you wait 23 years to tell this child about this? are you willing to lose it all? the greatest fear has come upon you. do not ever do it again. >> have you ever seen anything like that on television? i have not. >> the most difficult thing to confront is the truth. why is that so difficult for any of us to deal with? >> because we have a built-in mechanism that does not want to look weak and does not want to be wrong, and as i tell the truth about what i did, it may and make me look weak. it makes me vulnerable to judgment, and it means i did wrong, and the eg
sure, but i think this election is about the economy first, the economy second, the economy third, and anything else to be honest. tavis: good to have you on the show. thanks for your work. >> it is always a pleasure. tavis: up next, iyanla vanzant. stay with us. pleased to welcome iyanla vanzant. she just kicked off a series called "iyanla, fix my life." here are some scenes. >> this whole thing is alive. -- a lie. you are all hot mess, and this is exactly where you were...
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Oct 2, 2012
10/12
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KQED
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for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you don't have to ask anyone's permission to get started. you know, it's true that self-employment can be difficult. it involves more risk, and it can take awhile to get invested-- established. but it also offers incredible rewards like higher hourly rates and complete independence. and with social media revolutionizing the field of personal branding, it's never been easier to position yourself as an expert in your industry. and that adds up to a great way to get your life back on track while helping our sluggish economy at the same time. i'm patrick-- . >> tom: that is nightly business report here that's nightly business report for monday, october 1. have a great evening everyone, and you too tom. >> tom: goodnight susie, we'll see you online at: www.nbr.com and back here tomorrow night
for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you don't have to ask anyone's permission to get started. you know, it's true that self-employment can be difficult. it involves more risk, and it can take awhile to get invested-- established. but it also offers...
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Sep 26, 2012
09/12
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FBC
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economy, the u.s. markets because of the fiscal cliff and other issues going the same way of greece and spain. do you still think that is a possibility? because it looks like the u.s. economy in small increments has been getting better. >> it is. but you've got to think about it logically, right? so the s&p 500 stocks, they're up 26% from where they were last year, right? now, here's where it gets interesting. this quarter, q3, analysts are expecting a 2.7% drop in earnings, but yet the market's march higher. i'm okay with this quarter, actually, i'm kind of okay with it. i think the economy's still a little bit in stall speed. here's why i have a problem. i have a problem in q4, analysts are expecting a jump of 9.5%, and in 2013 another jump of 13% over 2012. how are we going to get there? i don't see the catalysts, the real catalysts for this sort of growth. and here's why. margins are at an all-time high. companies can keep cutting costs, right? you can let go of employees, you can make your process
economy, the u.s. markets because of the fiscal cliff and other issues going the same way of greece and spain. do you still think that is a possibility? because it looks like the u.s. economy in small increments has been getting better. >> it is. but you've got to think about it logically, right? so the s&p 500 stocks, they're up 26% from where they were last year, right? now, here's where it gets interesting. this quarter, q3, analysts are expecting a 2.7% drop in earnings, but yet...
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Sep 26, 2012
09/12
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KQED
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that depends on the global economy. suzanne pratt, nbr, new york. >> tom: still ahead, as the debate over mitt romney's taxes shows, not all income is taxed the same. why how much you pay in taxes depends on how you make your money. four years ago this month, the economy was in a freefall. lehman brothers had collapsed and credit markets seized up. a.i.g. was rescued by the federal reserve. the tarp program spent billions bailing out banks, and the federal deposit insurance corporation helped save citigroup. sheila bair was among those making the decisions. she was the chairman of the fdic and has written about the financial crisis in a new book, "bull by the horns. " she join us tonight from the nasdaq. sheila, congratulations on the book. quite a read to relive those days and months four years ago. after all the billions of dollars spent and the millions of homes foreclosed on, you wrote, i wonder if we overreacted. you say the generosity of the response troubles you, why? >> the generosity of the banks. we clearly ne
that depends on the global economy. suzanne pratt, nbr, new york. >> tom: still ahead, as the debate over mitt romney's taxes shows, not all income is taxed the same. why how much you pay in taxes depends on how you make your money. four years ago this month, the economy was in a freefall. lehman brothers had collapsed and credit markets seized up. a.i.g. was rescued by the federal reserve. the tarp program spent billions bailing out banks, and the federal deposit insurance corporation...
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the economy takes center stage. we'll find out what president obama and mitt romney have to say to win voters. >>> bald may or may not be beautiful. it is in the eyes of the beholder but is it all powerful? will it could give some men a big advantage in business. even when they say it's not, it is always about money. melissa: let's take a look at the day's market headlines. a choppy day for stocks. better than expected data from adp on private sector jobs and unexpected rise in service sector activity. din actually give a boost to wall street. the dow rose 12 points. meanwhile shares of hewlett-packard plunging to a nine-year low. ceo meg whitman warned profit and revenue will fall through the coming fiscal year. whitman says, the company's ongoing turn around effort is causing the gloomy outlook. >>> shares of netflix leaping more than 8%. a top citigroup analyst gives the company a strong outlook saying it is due to improved satisfaction among netflix subscribers. finally. take a look at that stock though, on fire
the economy takes center stage. we'll find out what president obama and mitt romney have to say to win voters. >>> bald may or may not be beautiful. it is in the eyes of the beholder but is it all powerful? will it could give some men a big advantage in business. even when they say it's not, it is always about money. melissa: let's take a look at the day's market headlines. a choppy day for stocks. better than expected data from adp on private sector jobs and unexpected rise in service...
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has warned that further quantitative easing will fail to prepare economies in europe and the u.s. well why i am a federal reserve bank which is the lender of last resort responsible for taking the punch bowl away when the party gets to rot is not do their job instead of being the lender of last resort there's a buyer a first resort they buy every schlock piece of junk bond that these investment banks that used to destroy the economy they'll take it there are buyers and very garbage bond out there and this was to be the buyer of first resort just went through the lender of last resort think completely screwed this thing up they got it all backwards and paul volcker of course back in the seventy's early eighty's he took interest rates up to sixteen percent to squeeze out. these no good mix well to cover out all of this fraud max remember at the beginning of this crisis we were told it's a liquidity crisis it's a little quickly the crisis if we only had more cash in the system all would be fine right well he said there is so much liquidity in the market the adding more is not going t
has warned that further quantitative easing will fail to prepare economies in europe and the u.s. well why i am a federal reserve bank which is the lender of last resort responsible for taking the punch bowl away when the party gets to rot is not do their job instead of being the lender of last resort there's a buyer a first resort they buy every schlock piece of junk bond that these investment banks that used to destroy the economy they'll take it there are buyers and very garbage bond out...
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Sep 29, 2012
09/12
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CNNW
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we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected officials. >>> don't go away, we will talk about the middle class itself and why your trip to the mall this weekend may be subsidizing your own demise. st plug is into, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought he
we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected...
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with twenty five percent unemployment there's this huge you know black market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding their bailouts and at some point it's all going to give the actually less we are going to get is i can say with you and i think it's really interesting is that you know the people on the ground unemployed people see all the banks bailed out the financial sector bailed out politicians protected i mean i know it's very popular but people say now how about me but bail me out and i know i know that's nonsensical on many ways but i can understand how people feel that way. yeah and again i think that's why at least in spain they've got t
with twenty five percent unemployment there's this huge you know black market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got...
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Sep 27, 2012
09/12
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CNN
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russia's economy is growing faster than the united states and that a weak economy means weak national security. it's no surprise he tailored that message that this audience. suzanne, from a pure political standpoint, if mitt romney can't flip virginia back to the republican column -- as we know president obama won four years ago here. if he can't do that, it's going to be very tough. these are states that romney has to flip back to the republican column if he wants to be elected president. >> jim, one of the things i noticed, too, that's different here, virginia's unemployment rate is much lower than the national average. you're talking about a national average of over more than 8%, virginia hovering in the 5% range or so. is his message of creating more jobs. is that really going to resonate in virginia? >> reporter: that is why i think, suzanne, we heard him talking about defense jobs. as he was putting it here a few moments ago, if the sequestration cuts happen -- you hear it here in the local media. while the economy is doing quite well, better than the national average. we heard
russia's economy is growing faster than the united states and that a weak economy means weak national security. it's no surprise he tailored that message that this audience. suzanne, from a pure political standpoint, if mitt romney can't flip virginia back to the republican column -- as we know president obama won four years ago here. if he can't do that, it's going to be very tough. these are states that romney has to flip back to the republican column if he wants to be elected president....
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Sep 28, 2012
09/12
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MSNBCW
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if you look at the polls and ask people how the economy are doing. democrats say great, republicans say it's doing terribly, politics there is trumping and lived experience of the economy, pretty remarkable. >> i want to bring in an old and sort of strongly held beleaf among conservatives that rick santorum voiced talking about who's on their side. >> we will never have the media on our side. ever in this country. we will never have the elite, smart people on our side. because they believe they should have the power to tell you what to do. >> i love this. the elite smart people, the last time i checked, run a lot of companies because they're elite and many cases because they are smart and good at certain things and what mitt romney referred to as the 1% recently in his tax discussion and what santorum is talking about are elites who contribute and control a lot of the debate, right? >> well, so what i see here, both with the polls can make -- you can make polls say anything which is not true, you cannot make polls say anything, ands also with this --
if you look at the polls and ask people how the economy are doing. democrats say great, republicans say it's doing terribly, politics there is trumping and lived experience of the economy, pretty remarkable. >> i want to bring in an old and sort of strongly held beleaf among conservatives that rick santorum voiced talking about who's on their side. >> we will never have the media on our side. ever in this country. we will never have the elite, smart people on our side. because they...
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Sep 25, 2012
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economy is going down the global economy. she also talked about the fiscal cliff and political climate in the united states as well as the role of central banks and monetary policy played in the global recession. from washington d.c., this is about an hour and a half. >> let me welcome all of you today to our peterson institute for international economics for a very special event in honor of christine lagarde, managing director of the imf since july a year ago. madam lagarde has obviously been playing a very central role in the management of the global economic and financial crises from its outset, from the prior position as minister i. manson rant and continuing of coors at the home of the imf. she famously attended some of her high school in earlier days here in bethesda. she is a lawyer by training, spent much of her career at a current mckinsey becoming chairman of the global executive committee and then chairman of their global strategic committee in 2004. she then joined the french government in 2005, originally as mini
economy is going down the global economy. she also talked about the fiscal cliff and political climate in the united states as well as the role of central banks and monetary policy played in the global recession. from washington d.c., this is about an hour and a half. >> let me welcome all of you today to our peterson institute for international economics for a very special event in honor of christine lagarde, managing director of the imf since july a year ago. madam lagarde has obviously...
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Sep 30, 2012
09/12
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economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there is no agreement because they are losing federal dollars of the federal programs that are going away. we will see more unemployment. the defense companies will have to notify workers in the next couple of weeks. how important is this? >> it is a tempory drag in t the economy. i honestly think of l of the things that will not happen is the chance of getting both unds of spending cuts, including the massive defense cuts is slight. i think it will
economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about...
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Sep 29, 2012
09/12
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he had an economy in shambles that helped that argument. here's the latest nbc news/washington journal, marist poll. in the battleground states of north carolina, nevada, new hampshire. nevada, we should note, housing crisis at its worst there. unemployment at its worst there, voters are split, though, on who's better at handling the economy. we're starting to see the trend in other swing states as well. why is this? why are voters now saying, well, you know what, despite the last four years, i think the should be could be the guy who can turn this thing around. >> well, mitt romney never effectively, at least not yet, was able to articulate a way they could turn the economy around. we still have a couple debates. i still think 38 days before the election or something like that. but mitt romney didn't make that argument. and he didn't make it in those swing states. and that's because mitt romney played defense a lot of the first half of this year. whether it was in the primaries or in may, when the primary was finally over, and the obama ca
he had an economy in shambles that helped that argument. here's the latest nbc news/washington journal, marist poll. in the battleground states of north carolina, nevada, new hampshire. nevada, we should note, housing crisis at its worst there. unemployment at its worst there, voters are split, though, on who's better at handling the economy. we're starting to see the trend in other swing states as well. why is this? why are voters now saying, well, you know what, despite the last four years, i...
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Sep 29, 2012
09/12
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and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost
and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went...
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Sep 28, 2012
09/12
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on the economy. he has been off. his friend has been terrific. >> he has done what he has been trained to do. it says on page 43 of the playbook, this is what you do. he doesn't know what else to do. lou: i have not heard a very good prescription from anyone else to be honest. you have the other side. chilly not functioning. the bottom line is you are in a very, very rare time. >> i can tell you what is going to happen. i just can't tell you when. lou: all right. tell us what is going to happen. >> what is going to happen is, you and i have talked. it the market has got to stop going up. yields are going to rise because if bernanke is right and it works the economy gets better if yields rise. there will be so much money lost in the bond market that people are not going to believe what happens to it, and that is going to force them, force them to go other places. lou: as always to the thank you for being here. thank you very much. up next, the obama administration admits the september 11th attack and libya that result
on the economy. he has been off. his friend has been terrific. >> he has done what he has been trained to do. it says on page 43 of the playbook, this is what you do. he doesn't know what else to do. lou: i have not heard a very good prescription from anyone else to be honest. you have the other side. chilly not functioning. the bottom line is you are in a very, very rare time. >> i can tell you what is going to happen. i just can't tell you when. lou: all right. tell us what is...
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Sep 30, 2012
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you all say you're not happy with the economy at this point. what is different about a second term president obama than a first term? >> well, you are absolutely right. the president is not satisfied. we've come a long way from when we were losing 800,000 jobs a month in january of 2009 when he took office. we've now created five million private sector jobs. we're net positive in terms of jobs. the hole is huge, and we have to not only fill that hole, but create an economy in which the middle class has a chance, and candy, we're not going to get there by going back to the same policies we've had before. >> how are we going to get there? >> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a goal t
you all say you're not happy with the economy at this point. what is different about a second term president obama than a first term? >> well, you are absolutely right. the president is not satisfied. we've come a long way from when we were losing 800,000 jobs a month in january of 2009 when he took office. we've now created five million private sector jobs. we're net positive in terms of jobs. the hole is huge, and we have to not only fill that hole, but create an economy in which the...
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global economy. to. play. welcome back to crossfire and people will remind you we're talking about the politics of austerity. and now we're joined by our garland in st louis he's a strategic trend analyst and author of future incorporated how businesses can in tissue paper and profit from what's next all right eric thank you for joining us from st louis what about the politics of austerity because it seems to me it's turned into an ideology it's a new religion as i said in the first part of the program no one really cares if the patient if i can use that medical term survives this ideology this methodology go ahead. it's funny you know that whole term austerity is not one i like very much because it has all these punitive connotations as opposed to what it really means which is that we need fiscal policies that make sense and by making sense you can't spend more than you take in for very long everybody with common sense knows this and all we're saying is that our current systems that are very large and more co
global economy. to. play. welcome back to crossfire and people will remind you we're talking about the politics of austerity. and now we're joined by our garland in st louis he's a strategic trend analyst and author of future incorporated how businesses can in tissue paper and profit from what's next all right eric thank you for joining us from st louis what about the politics of austerity because it seems to me it's turned into an ideology it's a new religion as i said in the first part of the...
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> this is deadly earnest. how they can justify, how they can justify raising taxes of the middle class that has been buried the last four years, how if lord's name can they justify that? >>neil: it is a gaffe that now is a romney ad campaign since the vice president started talking about the middle class getting buried, republicans have wasted barely a nano second capitalizing. the question tonight is
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked...
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and confidence in the economy and the president's ability in the economy has been surging. >> the media... >> chris: we will not focus on media bias any longer, we'll talk about issues and take a break here and when we come back... the terror attack that killed four americans in libya. there are growing questions about what the president knew and when he knew it. ♪ while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chanc
and confidence in the economy and the president's ability in the economy has been surging. >> the media... >> chris: we will not focus on media bias any longer, we'll talk about issues and take a break here and when we come back... the terror attack that killed four americans in libya. there are growing questions about what the president knew and when he knew it. ♪ while energy development comes with some risk, north america's natural gas producers are committed to safely and...
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dagen: -- how to frame this for a year now, private economy versus government economy. again, read the "wall street journal" editorial page. thank you, dan. good to see you. >> all right. dagen: our next guest says the best bet for investors is to put their money right where the federal reserve is. joining us now is ceo of advisors asset management. overseas 8.9 billion dollars in assets as the company's chief investment officer. scott good of you to be here. how much wind do you think the markets and which markets have at their back because of the federal reserve? what they said with this new policy is really open ended. >> not only is it open ended, but they committed that they would continue this behavior well into any recovery that we would see. and that's probably the big difference of what we saw last week versus the prior fed policy of just going on these bond-buying programs, calling it qe 1, qe 2. dagen: the goal of what the fed is doing to drive longer term interest rates down even more than you would put your money in treasuries, because it is very hard to ge
dagen: -- how to frame this for a year now, private economy versus government economy. again, read the "wall street journal" editorial page. thank you, dan. good to see you. >> all right. dagen: our next guest says the best bet for investors is to put their money right where the federal reserve is. joining us now is ceo of advisors asset management. overseas 8.9 billion dollars in assets as the company's chief investment officer. scott good of you to be here. how much wind do...
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Oct 1, 2012
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it'sicismmatic of the american economy. the figure you just cited-- 40% think we're in the right direction. why do the other 60% think no? because there's a women. the openers of the nfl teams are making tremendous money. they have very rich franchises and all referees want is a secure retirement, same thing that has been going on for decades here. if you look at america over the last 30, 40 years a wedge has been driven into our economic system. the middle class has stayed flat. the sense u bureau said roost year the average wage of a male worker is dead the same in 2011 as it was in 1978. 30 years of going nowhere. at the top, the top 1%, ther income went up 600% while the middle class is flat. that's why you're getting those figures. that's why we're getting slow growth. the middle class isn't being paid well enough so there's not enough demand to push our economy. the middle class are the job creators, and we're ignoring them. >> schieffer: bob woodward, your book kind of gets into that in a very contemporary way. you'r
it'sicismmatic of the american economy. the figure you just cited-- 40% think we're in the right direction. why do the other 60% think no? because there's a women. the openers of the nfl teams are making tremendous money. they have very rich franchises and all referees want is a secure retirement, same thing that has been going on for decades here. if you look at america over the last 30, 40 years a wedge has been driven into our economic system. the middle class has stayed flat. the sense u...